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$215,000
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Property Description
Welcome to 316 E Pease Ave in West Carrollton, a well located and versatile triplex offering both comfortable living and strong income potential. Three 1bed/1bath units. Situated in an established neighborhood with easy access to schools, parks, shopping, and major routes, this property is well suited for owner occupants, investors, or those looking to house hack. The exterior was freshly painted and updated with new windows in 2021, giving the property a clean and modern look. Inside, the home has seen extensive improvements, including remodeled bathrooms in 2020, a new roof in 2024, a fully updated electrical panel in 2024 with knob and tube replaced, a new furnace in 2025, and a new water heater in 2025. Over $20,000 in recent updates provide added efficiency, comfort, and peace of mind. Unit 1 is a 1bed/1bath, currently owner occupied, but was rented for $1,000/month. Unit 2 rents at $720/month and is a 1bed/1bath. Lease ends May 2026. Unit 3 rents for $650 and is a 1bed/1bath with a long term tenant (4+ years). This property may also be a strong candidate for FHA investment style financing, creating an accessible path for buyers looking to build long term wealth. Schedule a showing and explore the potential this property has to offer.
Full Property Details
Full Property Details for 316 E Pease Ave
General
- Sold For: $215,000
- Status: Closed
- Type: Multi-Family
- Source: 506
- MLS ID: 950961
- Added to Site: 122 day(s) ago
Interior
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: Driveway, No Garage, On Street
Location
- County: Montgomery
- Subdivision: City/West Carrollton
School Information
- Elem School District: West Carrollton
- Midd School District: West Carrollton
- High School District: West Carrollton
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air, Natural Gas
Utilities
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Water Available
Structural Information
- # Buildings: 1
- Construction: Frame
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 2
- Square Feet: 2,056
- Sq. Ft. Source: Assessor
- Living Area: 2,056 Sq. Ft.
- Year Built: 1920
Unit Information
- Unit Type: 1 Bedroom
Lot Features
- Lot Size (Acres): 0.155
- Lot Size (Sq. Ft.): 6,752
- Lot Size: 6752
- Lot Size Source: Assessor
- Lot Dimensions: 45 x 150
- Zoning: Residential
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Legal Description: 487
- Property ID: K48-00103-0063
Listed by Glasshouse Realty Group (937) 723-6974, Matthew Bublitz (937) 301-0205
Sold by Reafco (614) 636-2560, Remington Lyman
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Schools
Schools serving 316 E Pease Ave
School District:West Carrollton City School District
| Name | Grades | Distance |
|---|---|---|
West Carrollton Early Childhood Center 510 E Pease Ave, West Carrollton, OH 45449 | PK-1 | 0.2 mi |
Harry Russell Elementary School 123 Elementary Drive, West Carrollton, OH 45449 | 4- | 0.6 mi |
Harold Schnell Elementary School 5995 Student St, West Carrollton, OH 45449 | 2-3 | 1.2 mi |
West Carrollton Middle School 424 East Main Street, West Carrollton, OH 45449 | 7-8 | 0.1 mi |
West Carrollton High School 5833 Student St, West Carrollton, OH 45449 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 316 E Pease Ave
Date
Details
Price
Change
Source
4/30/2026
Sold
$215,000
0.99%
MLS
3/27/2026
Price Reduced
$212,900
-1.89%
MLS
3/20/2026
Price Reduced
$217,000
-1.32%
MLS
1/19/2026
Listed
$219,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
316 E Pease Avenue, Dayton, OH 45449 (MLS# 950961) is a Multi-Family property that was sold at $215,000 on April 30, 2026. Want to learn more about 316 E Pease Avenue? Do you have questions about finding other Multi-Family real estate for sale in Dayton? You can browse all Dayton real estate or contact a Coldwell Banker agent to request more information.

